American industry contemplates the future -under a more regulation-minded administration in Washington

摘要

"Rising Democratic power in Washington is likeiy to usher in a drive for tighter financial regulation, increased social spending, and more labour-friendly policies amid a more challenging climate for business." This happens to be taken from the Wall Street Journal, But, on the morning after the historic presidential election of 2008 in the United States, -it was a fair statement of the thinking across a broad swath of American industry. President-elect Barack Obama heads a Democratic Party that also enjoys a decisive majority in both houses of Congress (56-40 in the Senate, 254-173 in the House of Representatives).